AKVA group ASA: Information regarding development licenses

The Norwegian Directorate of Fisheries has informed Atlantis Subsea Farming AS (the "Company") that the Company's concept for submersible farms falls within the general scope of the scheme for awarding development fish-farming licenses, and that the Directorate now will consider the concept further with a view to award one or more licenses. The Company will now engage in a process with the Directorate of Fisheries were requested additional information will be provided, including target financial criteria for the concept. The Company is owned with equal stakes by AKVA group ASA, Sinkaberg-Hansen AS and Egersund Net AS.

 Dated: November 26(th), 2016


AKVA group ASA


Web: www.akvagroup.com



 Trude Olafsen            General Manager Atlantis Subsea Farming AS
 Phone:                          +47 51 77 85 00
 Mobile:                          +47 915 57 400
 E-mail:                           TOlafsen@akvagroup.com


  Hallvard Muri              Chief Executive Officer
  Phone:                          +47 51 77 85 00
  Mobile:                         +47 915 80 750
  E-mail:                           HMuri@akvagroup.com


This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)




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